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Think You Know Coca-Cola? Here's 1 Little-Known Fact You Can't Overlook.
Coca-Cola (KO -0.19%) is best known for its namesake soda. It is a global icon that can be found in stores across the globe.
Think You Know Amazon? Here's 1 Little-Known Fact You Can't Overlook.
Amazon is an online retail juggernaut. But is it?
Prediction: This Little-Known Fact Is Why Ethereum Will Hit $5,000 by the End of the Year
The stage is set for Ethereum to reach a new all-time high.
This Little-Known Fact Is Why I'm Buying Coinbase Hand Over Fist
Coinbase is poised for growth despite SEC challenges thanks to a favorable shift in the regulatory landscape. The Supreme Court's rescinding of Chevron deference could weaken the SEC's control over crypto.
1 Mind-Boggling Fact About Microsoft's Stock That Will Make You Think Twice About the Importance of Valuations
Microsoft generated some impressive returns for investors over decades. Investors who bought the stock just before the dot-com bubble incurred significant losses that affected their long-run returns.
This Little-Known Fact Is Why Coinbase Stock Is On Track to Keep Going Higher
Allegations from the SEC are hindering its growth for now. Recent developments hint at a favorable outcome for Coinbase.
Think You Know British American Tobacco? Here's 1 Little-Known Fact You Shouldn't Overlook.
British American Tobacco's most important product is cigarettes. The company has a global portfolio, but it's a major player in the U.S. market.
1 Little-Known Fact That Makes Roku Stock a No-Brainer Buy
While consumers continue watching streaming entertainment, ad dollars have yet to catch up. Roku is the top smart-TV operating system in the U.S., putting it in a prime position to benefit.
Will Trump Testify At Hush Money Trial? Attorney Habba Says He ‘Wants’ To Take The Stand—But Legal Experts Warn Against It.
Former President Donald Trump’s lawyers are expected to start presenting their defense in his criminal trial this week after prosecutors rest their case, but it still remains to be seen whether the ex-president will take the stand and testify himself—though Trump has wavered on the issue, and legal experts largely believe it would be an unwise move. Key Facts Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Tangent It’s common for defendants not to testify in criminal trials, with many defense attorneys believing the risk of a defendant harming their own case outweighs the benefits. When the trial began last month, Merchan reminded jurors Trump has a right not to testify, and if he chooses not to take the witness stand, they can’t hold it against him. Should Trump Testify? While it’s still up in the air whether Trump will testify, legal experts suggest doing so would hurt the ex-president’s case. “It would be suicide for” Trump to testify, left-leaning attorney Norm Eisen said on CNN Tuesday, arguing there’s “no way” his lawyers would allow him to take the stand. Trump’s former attorney Tim Parlatore said the same on CNN Tuesday, telling Kaitlan Collins that he “personally would suggest that he probably should not” testify. Both Eisen and Parlatore suggested doing so would hurt Trump’s case, with Parlatore arguing it would “significantly increase” Trump’s chances of conviction because “if the jury disbelieves him on anything, however small, that’s something they’re gonna hold against him and be much more likely to convict.” If Trump is convicted, Eisen suggested taking the stand could also lead to a more severe punishment, arguing that if Merchan believes Trump may have lied under oath, “it virtually ensures a sentence of incarceration.” While legal experts suggest Trump’s lawyers are near certain to prefer their client stay off the stand, however, they also note the ex-president has a history of not listening to his attorneys. What To Watch For Any decision on whether Trump will take the stand is likely to be made at the last minute, legal experts have noted, with Parlatore saying the decision will be made “down to the wire” based on whether it’s “worth taking the risk,” and former federal prosecutor Joyce Vance noting in April it’s “unlikely” Trump’s lawyers will decide “until the moment is close at hand.” Testimony in the trial is expected to wrap up this week, as Merchan said Monday that closing arguments will take place next week on May 28. Surprising Fact While this case marks Trump’s first criminal trial, the ex-president has recently taken the stand at several of his recent civil trials, testifying about defamation allegations brought against him by writer E. Jean Carroll and the fraud allegations brought against him and his company. Neither testimony appeared to help his case, as he was found liable in both cases and ordered to pay $88.3 million and $454.2 million, respectively. In his order finding Trump and his co-defendants liable in the fraud case, Judge Arthur Engoron argued Trump “severely compromised his credibility” when testifying, noting the ex-president “rarely responded to the questions asked, and he frequently interjected long, irrelevant speeches on issues far beyond the scope of the trial.” Key Background Trump faces 34 felony charges of falsifying business records in his Manhattan trial, which is one of four criminal cases that’s been brought against the ex-president. The charges stem from a $130,000 payment Cohen made to adult film star Stormy Daniels in the days before the 2016 election in order to cover up her allegations of having an affair with Trump. Trump then allegedly reimbursed Cohen for the payment—paying him $420,000 after adding in other expenses and enough money to cover taxes—which were paid through a series of reimbursement checks throughout 2017. Prosecutors allege those reimbursements were handled through the Trump Organization and falsely labeled as being for legal services, which Trump has denied, as his lawyers have claimed the payments were correctly labeled and tried to distance Trump from the reimbursement scheme. Trump has pleaded not guilty to the charges against him—as well as in his other three cases—decrying the case as a politically motivated “witch hunt” designed to hurt his campaign. The trial, which has been ongoing since mid-April, has included multiple witnesses tying Trump to the hush money scheme, with Cohen directly testifying that Trump approved the Daniels payment and was involved with the reimbursement scheme. As the criminal defendant, Trump has been required to be present in the courtroom every day of the trial—though media reports suggest he has regularly dozed off during the proceedings. Further Reading
Who Is Mohammad Mokhber? Iran’s New Acting President Was Investment Leader Once Sanctioned By U.S. And E.U.
Iranian Supreme Leader Ayatollah Ali Khamenei appointed the country’s first vice president, Mohammad Mokhber, as the acting president before a new election following the president’s death in a helicopter crash—elevating a longtime ally of Iranian hardliners who once ran the country’s state-related investment firm and oversaw a weapons sale to Russia. Key Facts News Peg Raisi and Iran’s foreign minister were confirmed dead Monday morning after their helicopter crashed in northwestern Iran, following an hours-long search, state media reported. What To Watch For According to the Iranian Constitution, Mokhber will now have 50 days to call for a new election to replace Raisi. The date of the election will be chosen by a three-person council including the Speaker of the Islamic Consultative Assembly, the head of the judiciary and the last president’s first deputy—which was Mokhber. Supreme Leader Khamenei announced a state of mourning for Raisi on Monday, and the government has not yet indicated exactly when it plans to hold the new election. Mokhber has not commented on if he plans to run for the position. Key Background Unlike other hardline Iranian politicians like firebrand Mahmoud Ahmedinejad or Raisi himself, Mokhber has kept a relatively low profile before becoming first vice president in 2021. He never held an elected office in the Islamic Republic, and did not work in government until he took over as head of Setad. The U.S. described Mokhber’s massive investment fund as a “labyrinth of 37 ostensibly private businesses, many of which are front companies.” According to the Treasury Department, Setad’s purpose is to generate tens of billions of dollars through off-the-books investments for the Iranian government. This revenue is “shielded” from both the Iranian public and international regulators, the U.S. claimed when issuing sanctions against the firm in 2013. According to a Reuters investigation that same year, Setad funneled these profits directly into the pockets of Khamenei, who has held the position of Supreme Leader since Iranian Revolution leader Ruhollah Khomeini’s death in 1989. Setad has since acquired stakes in a diverse portfolio of companies, including a major bank, a brokerage firm, an insurance company, energy firms and Iran’s largest telecommunications company. Surprising Fact Russian President Vladimir Putin has already contacted Mokhber to offer his condolences, Russian state-owned news service TASS reported shortly after he was named acting president. “Vladimir Putin stressed that he knew Ebrahim Raisi well and thought highly of him as a reliable partner who made an invaluable personal contribution to expansion of friendly relations between Russia and Iran,” the Kremlin said in a statement. Further Reading
